Answer:
B. July
Explanation:
The principle of revenue recognition arises whenever the income is realized or earned whether cash is collected or not and it also supports the accounting accrual basis. Realizable here means that the customer obtains the product however the payment is made afterward.
So, in the given case, the service is provided in the July month and the same is to be recorded on the July month
The answer is B )True
I mean it’s personal so it belongs to you so yeah
Answer:
Financial Accounting Standards Board
Explanation:
Answer:
The amortization schedule and the formula is shown in the table attached below
Explanation:
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The correct answer is
B) Increase the suppliers to provide more of the resource.
If they can get the resource at a cheaper price, they can purchase more of it.
